Legal Aspects of Banking Operations
Key
Module a & b (10.10.07)
01-a (05) 02- b(9) 03- (10) 04- d (9) 05- c (8) 06- b (12) 07- d (12) 08- c (14) 09- c (24) 10 –c (25) 11-c( 26) 12 –c 13- d ( No minimum shares exempted as per BR act Sec 10c) 14- d 15 –a (50) 16 –d (53 -20% to be made before any dividend is declared) 17-c (57) 18- c (57) 19d (60) 20-c( 68) 21- b (68) 22- b 23- c (78) 24 – c (87) 25 –b ( 93) 26 –d ( 98) 27 –c ( 107) 28 –d 29 – c 30 – d 31 – b 32- d (136) 33- d (136) 34 – d ( indemnity -142) 35- c (144) 36- a (155) 37 – d (155) 38- a (173) 39- d (177) 40 –c ( 202) 41- b (203) 42- c (203) 43 – d 44- c 45 –c 46 –d 47 – d 48- b 49- d 50 –d 51- d 52- a 53 –b ( 286 – it is uncalled capital) 54 –a (289) 55- a
Module c & d (11.10.07)
01-a (300) 02- c (303) 03-b ( 303) 04- c (304) 05- b (304) 06-d (305) 07- a(305) 08- b ( 305) 09- b (306) 10- d (310- RBI –Rs.2 crore and 15%) 11-a (313) 12- a (314) 13 –d ( 314) 14- b (314) 15-b (315) 16- b (316) 17 –b (320) 18-c (320) 19-d (320) 20-a (314) 21- b (327) 22- c (331) 23- a ( 331) 24- c (331) 25-c ( 333) 26- a (334) 27 c (334) 28-c ( 339) 29- b (340) 30- c( 344) 31-d ( 349) 32-d (350) 33-b ( 350) 34- b (362) 35-b ( 364) 36- d (372- Arbitration & Conciliation Act 1996) 37-a (384) 38-c ( 397) 39-a (394) 40-c ( 398) 41- b (413) 42 –d ( 415) 43-c (422) 44-a ( 431) 45-c ( 443 – Not Law Ministry but Chief Justice of India) 46-a 47 –d 48-d 49-d 50 – c 51-c 52 –a 53- b (490) 54- c (496) 55- d (501) 56- d 57-d 58-c ( 545) 59 –b (551) 60 – b (561) 61-a (561) 62- b(565- Proprietary Rights) 63-a (565) 64-a (569) 65-a ( 582) 66-d (591- simple mortgage) 67- c
** It is suggested that the candidates to try the answers first and then refer the key for verification.
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